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Niam acquires logistic development site with Nordsten Development

Niam, in collaboration with Nordsten Development, has acquired 60,000 square meters of land for logistics development in Palmbohult, Örebro, Sweden. 

The property has a strategic location with good access to Stockholm, Oslo, and Gothenburg. Plans for the site include the construction of a state-of-the-art logistics facility of approximately 24,000 square meters. 

Construction is expected to begin in the fall of 2024, and the building will be environmentally certified according to BREEAM standards, aiming for an Outstanding rating.

Source: press release sent 2 September 2024